Michelle and Seth Laliberte are passionate educators who have enjoyed the Rangeley Region for over 20 years. Like others, the COVID pandemic had them re-evaluating their career and life goals. Since they always dreamed of owning a small store, they began exploring the options in their local area. Simultaneously, the owner of “Ecopelagicon” in Rangely was looking to retire after 29 years of providing gifts and outdoor gear.
As they began the process of purchasing this existing business, their banker at Skowhegan Savings Bank recommended they connect with the Maine SBDC. This led them to Lori Allen, center director and business advisor at the Maine SBDC at Androscoggin Valley Council of Governments (AVCOG). Together they worked to create a dynamic business plan and financial projections. They reviewed the previous owner’s financials and put together a strong package which ultimately led to Michelle and Seth securing bank financing! In June, Rangeley Adventure Co. officially began providing their customers with the “best products and services to get the most out of your visit to the Rangeley Lakes Region” while staying true to the original vision.
Michelle commented, “We would say that the Maine SBDC gave us the confidence of making our dream come true. We took a big leap but with the support of Lori we knew we could do it!”